RBC Capital Reiterates Outperform on Adobe, Maintains $615 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Matthew Hedberg has reiterated his 'Outperform' rating on Adobe (NASDAQ:ADBE) and maintained a price target of $615.
September 15, 2023 | 1:11 pm
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POSITIVE IMPACT
RBC Capital's reiteration of an 'Outperform' rating and a $615 price target for Adobe could potentially boost investor confidence.
Analyst ratings and price targets can significantly influence investor sentiment. In this case, RBC Capital's reiteration of an 'Outperform' rating and a $615 price target for Adobe could potentially boost investor confidence and positively impact the stock's short-term price.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100